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About This Home
This 0-bedroom, 1-bathroom multi-family at 1242 Ladd Springs Road SE in Cleveland, TN is listed for $800,000 ($91 per sqft). Built in 1976, the home offers 8,814 sqft of living space on a N/A lot.
Income-Producing Investment Opportunity with Retail Space Excellent investment opportunity featuring eight fully occupied one-bedroom apartments and a central retail space, all conveniently located on one level. The property is designed with four apartment units on each side of the retail space, creating an efficient layout and strong income potential.
Each apartment has been updated with luxury vinyl plank flooring and renovated bathrooms, offering tenants modern finishes and low-maintenance living. The property enjoys consistent occupancy and provides immediate cash flow for investors. Situated in the county, this mixed-use property offers flexibility, steady rental income, and room for long-term appreciation.
Whether you're looking to expand your portfolio or add a stable income-producing asset, this property presents a rare opportunity to own a well-maintained, fully leased investment property with both residential and commercial components. Call today for additional financial information and to schedule a private tour. Please allow 24 hr for showing notice because all units are occupied
Key Features
- Built in 1976
Property Details
Monthly Cost Estimate
$4,279/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1242 Ladd Springs Road SE
Cleveland, TN 37323
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Appliances
Questions & Answers
This 0-bedroom, 1-bathroom multi-family at 1242 Ladd Springs Road SE is listed at $800,000 ($91/sqft). The estimated monthly payment is $3,467 based on 20% down at 6.5% interest.
Key features include: Built in 1976. Interior Features: Ceiling Fan(s).
This property is listed by Tammy Johnson and can be reached at 4233220197 or tnrealestate4u@hotmail.com.








